Philadelphia, PA 19130,1839 POPLAR ST
Philadelphia, PA 19130,1839 POPLAR ST
Philadelphia, PA 19130,1839 POPLAR ST
Philadelphia, PA 19130,1839 POPLAR ST
Philadelphia, PA 19130,1839 POPLAR ST
Philadelphia, PA 19130,1839 POPLAR ST
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$500,000

$625,000

20.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,850 SqFt


SOLD DATE : 03/22/2019

Key Details

Sold Price $500,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,850 sqft

Price per Sqft $129

Subdivision Francisville

MLS Listing ID 1008204668

Sold Date 03/22/19

Style Other

HOA Y/N N

Abv Grd Liv Area 2,600

Originating Board TREND

Year Built 1943

Annual Tax Amount $4,127

Tax Year 2018

Lot Size 1,375 Sqft

Acres 0.03

Lot Dimensions 53X52

Property Description

Unique peninsula/corner mixed use restaurant/retail property with two apartments. Strategically located on a 5 street intersection, you can not plant a better retail flag in the heart of Francisville! Actual address is 1839-43 Poplar Street a.k.a Gin and Pop Grill/Bar. This 38 seat restaurant/bar was thoroughly renovated 2016-2017 with top of the line trade fixtures and equipment. Outside seating area can accomdate 45+ seats (see plan in documents), inside is approved for live entertainment. Main level features approximately 1200 square feet and was currently occupied by restaurant furnished with 2 bathrooms (one ADA compliant), multiple entries and a kitchen area. Basement provides ample storage for commercial use, all newer mechanicals and a walk in refrigerator boz. 2nd floor features 2 apartments. One Studio with a small deck and a large 1 bed 1 bath apartment. Both units have been recently renovated to include updated kitchen, bathrooms, plumbing and electric, studio apartment could use a quick refreshing to get top dollar. Neighborhood is well established and is still exploding with growth! CMX-2 Zoning provides possible right to build additional floors or add roof decks to property. Note this is an asset sale only Real Estate & FFE PA liquor license is available from previous restaurant for extra fee will be sold separately. This is a super location and a grand opportunity for an owner operator or absentee investor who is looking for additional passive rental income.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning CMX-2

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s), Store/Office

Hot Water Natural Gas

Heating Hot Water, Forced Air

Cooling Central A/C, Wall Unit, None

Flooring Wood, Fully Carpeted, Tile/Brick

Fireplace N

Window Features Energy Efficient,Replacement

Heat Source Natural Gas, Electric

Laundry Washer In Unit, Dryer In Unit, None

Exterior

Utilities Available Cable TV Available

Waterfront N

Water Access N

Roof Type Flat

Accessibility Mobility Improvements

Parking Type None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871601692

Ownership Fee Simple

SqFt Source Assessor

Security Features Security System

Acceptable Financing Conventional, VA, FHA 203(k), FHA 203(b)

Listing Terms Conventional, VA, FHA 203(k), FHA 203(b)

Financing Conventional,VA,FHA 203(k),FHA 203(b)

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jonathan M Tori • Addison Real Estate Company Inc
Bought with Non Member • Non Subscribing Office
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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